Bookkeeping Reconciliations Course

Reconciliation is an accounting process that compares two sets of records to check that figures are correct and in agreement. Reconciliation also confirms that accounts in the general ledger are consistent, accurate, and complete.

Reconciling your general ledger accounts is part of the bookkeeping process and understanding how they are done, will benefit every bookkeeper greatly!

Topics Discussed:

• Trial Balance Analysis
• Compiling a Fixed Asset Register
• Depreciation / Amortization
• Accruals and Provisions
• Income Received in Advance
• Payroll Reconciliation
• Pre-paid Expenses
• Reconciling your Bank and Petty Cash
• Creditors and Debtors
• Loan Account Reconciliation
• VAT Reconciliation
• Interest and Loans / Instalment Sale Agreements